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Factoring firms profits drop 14.6% in 2004

Between January and September this year, the earnings of the 15 factoring companies in Mexico reached 137.3 million pesos (US$12.3m), which was a decrease of 14.6% compared to the same period of 2003. The National Banking and Securities Commission (CNBV)...

#3M#factoring industry

ADB agrees US$50m package for SME development

The Asian Development Bank (ADB) will support efforts of the government of Bangladesh to foster development of the country's small-…

#ADB#Asian Development Bank#bank


Factoring and invoice financing boom as SME’s seek alternative...

Cash flow problems caused by late payment are the curse of small business, creating serious and sometimes terminal trouble for…

#bank#commercial finance#debt collection


ICAEW welcomes DTI announcement on funding advice for small...

The Institute of Chartered Accountants in England & Wales (ICAEW) has welcomed today’s announcement by the Government on proposals to…


PTA Bank receives US$14m credit

The Eastern and Southern African Trade and Development Bank (PTA Bank) has received US$41m (sh24b) to grant loans to members…

#African Development Bank#bank#trade


Exim Bank of India announces contract to set up...

Buoyed by the over-Rs 9,000-crore disbursements in the current year, Exim Bank of India expects to close the year with…


FDA Q3 statistics reveal continued popularity of factoring and...

The popularity of factoring and invoice discounting has continued to grow as industry turnover hit record levels for the third…


Royal Bank of Scotland Commercial Services announces new Managing...

The Royal Bank of Scotland’s Corporate Banking & Financial Markets (RBS) business has appointed Adrian Sainsbury as managing director of…


Governor advises bankers to invest in small businesses as...

Commercial banks are looking to lending to newer ventures under a fresh reform recipe of Bangladesh Bank, offering middle- and…


Factoring Conference 2005 Vancouver – spectacular by nature

Vancouver will be the site of the 16 – 19 March 2005 Factoring Conference. For those of you that have…


Cash flow concerns top 2005 New Year resolutions

Almost two thirds (64%) of all small business owners and managers in the UK are vowing to improve their cash…

#cash-flow#financial services#management


Business failures fall to record lows

2004 is expected to record the lowest number of business failures for six years, according to experts at BDO Stoy…

Banca Transilvania gets Ђ32.5m for lending to SMEs

The European Bank for Reconstruction and Development (EBRD) is increasing its exposure to Banca Transilvania by a further Ђ7.5m, as…

#bank#international#Raiffeisen

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